Carlyle Realty Partners IX closes at $8b by Kali Persall | Dec 14, 2021 Carlyle has raised $8 billion for its ninth U.S. real estate opportunity fund.
MGM sells iconic Las Vegas hotel in $1b deal by Andrea Zander | Dec 14, 2021 MGM Resorts International has plans to sell its The Mirage hotel to Hard Rock International for $1.075 billion.
CIM Group expands industrial portfolio in Arizona by Released | Dec 14, 2021 CIM Group has acquired Goodyear Airport 85.
Family-owned farms account 87% of farm production, becoming financially risky by Andrea Zander | Dec 13, 2021 Ninety-eight percent of U.S. farms are family farms and account for 87 percent of farm production.
Arctaris invests in 13-acre $600m opportunity zone development by Andrea Zander | Dec 13, 2021 Arctaris Impact Investors has made an opportunity zone investment in a $600 million multi-phased development project spanning the Ward 7 and 8 neighborhoods of Washington, D.C.
Brandywine Realty Trust begins $3b master-planned mixed-use community in Austin by Released | Dec 13, 2021 Brandywine Realty Trust has broken ground on its $3 billion, 66-acre master-planned neighborhood, which will introduce nearly 7 million square feet of workspace, multi-family, retail and hospitality, and a new Capital Metro Rail Station.
Public Service Company of New Mexico acquires Western Spirit transmission line by Kali Persall | Dec 13, 2021 Public Service Company of New Mexico (PNM), an energy holding company based in Albuquerque, N.M., has purchased the Western Spirit renewable transmission line for $285 million.
ExchangeRight exits multifamily market by Released | Dec 13, 2021 ExchangeRight has brought its sixth and final multifamily offering full cycle, generating total returns of 154.48 percent, including return of capital to the DST and its investors.
CalPERS puts $800m in Blackstone life science fund by Kali Persall | Dec 13, 2021 The $465 billion California Public Employees’ Retirement System (CalPERS) has committed $800 million to the perpetual life vehicle, Blackstone BioMed Life Science Real Estate fund, IREI has learned.
Global Risk Survey: Omicron hits business sentiment by Andrea Zander | Dec 13, 2021 The emergence of the Omicron coronavirus variant has been accompanied by a marked deterioration in business sentiment.